Transaction Details
On August 27, 2026, the company executed a Retirement Deed for retiring its entire 50% partnership stake in Kena Print Pack ("the Firm") for an aggregate cash consideration of ₹1,50,00,000 (₹150 lakhs). Consequently, the company has ceased to be a partner in the Firm effective the same date.
Financial Impact Assessment
While the transaction is material for the company, the subsidiary involved is not material to the company. The financial contribution of Kena Print Pack during the last financial year (2025-26) was:
- Turnover/Revenue Contribution: ₹12,43,38,464.04 (11.08% of total)
- Net Worth Contribution: ₹3,80,31,405.00 (4.21% of total)
- Profit and Loss Sharing Ratio: 50%
Additional Details
- The transaction does not constitute a related party transaction
- The sale is not part of any Scheme of Arrangement
- The transaction is not a slump sale
- No buyer details are applicable as the company is retiring as partner